ULCC Spirit projects better 4Q 2017 RASM than expected

Fort Lauderdale, Florida ultra-LCC Spirit Airlines provided guidance for a better-than-expected unit revenue performance in the 2017 fourth quarter, lending credence to the notion that the US airline revenue/pricing environment is improving.
Spirit said it expects to report 4Q RASM of minus 2% year-over-year (YOY) when it releases its 2017 earnings later this month. That is better than previous guidance of a 4%-6% YOY 4Q unit revenue decline.
Spirit attributed the improved 4Q RASM guidance ...

Bahamasair, working to leverage steady demand for tourism in its home region, has taken delivery of its ninth aircraft and is eyeing additional partnerships with airlines, the airline’s top executive said....More

Spirit Airlines’ new service between American Airlines’ Charlotte-Douglas International Airport (CLT) fortress hub and four other airports with significant major-airline presence may be eye-opening at first, but the long-term ramifications of the move—a single daily flight on each route—should be negligible, Bernstein analysts conclude....More

We use cookies to improve your website experience. To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy. By continuing to use the website, you consent to our use of cookies.